Forex Software

100% FREE “Super Range Breakout” MT4 Forex Indicator

Hi everyone! If you’ve been looking for a way of how to trade buy and sell range breakout price levels, the indicator I’m sharing with you today will be a perfect choice for you!

The super range breakout forex indicator for MT4 draws the buy and sell breakout levels directly on the chart:

  • A buy range breakout signal occurs when price reaches the blue bar on the chart.
  • A sell range breakout signal occurs when price reaches the red bar on the chart.

The indicator also calculates and displays the % trending factor for the pair (upper left corner).

Some examples of the signals:

Basic Trading Signals:

Buy Signal: Open a buy trade when price reaches the blue super range breakout MT4 indicator bar.

Place a stop loss 1 pip below the brown indicator bar or below short-term support.

Sell Signal: Open a sell trade when price reaches the red super range breakout MT4 indicator bar.

Place a stop loss 1 pip above the dark green indicator bar or above short-term resistance.

P.S. Have problems with installation? Send me an email at olivermurphy@altraforex.com or support@altraforex.com
I would love to help!

P.P.S. More Forex and Binary Options indicators can be found here: https://t.me/luxtraders Only with the high winning ratio and for absolutely free!

Oliver Murphy

Hi! My name is Oliver Murphy. I am the Head of ALTRA Group, the team of the most qualified and experienced forex traders and programmers. Our Mission Statement: "Trading Forex Made Easy and Profitable for Everyone"! Join our team today!

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Back to top button
Close
Close